iShares MSCI Saudi Arabia ETF
KSA
53 hedge funds and large institutions have $743M invested in iShares MSCI Saudi Arabia ETF in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 25 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
6.32% more ownership
Funds ownership: 96.44% → 102.77% (+6.3%)
11% less capital invested
Capital invested by funds: $831M → $743M (-$88M)
28% less funds holding
Funds holding: 74 → 53 (-21)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
84% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$43.3M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$36M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$21.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.1M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
-$38.1M |
| 2 |
Bank of New York Mellon
New York
|
-$35.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.3M |
| 4 |
Goldman Sachs
New York
|
-$24.2M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
UBS Group
Zurich,
Switzerland
| – | -$122K | -3,700 | Closed |
|
|
DOA
77
D'Orazio & Associates
Falls Church,
Virginia
| – | -$10K | -300 | Closed |
|
78
Parallax Volatility Advisers
San Francisco,
California
| – | -$9K | -280 | Closed |
|
KSA Hedge Fund Activity: Q3 2019 in Review
53 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Saudi Arabia ETF (KSA) for Q3 2019, worth a combined $743M — down 11% from $831M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of KSA and 4 opened new positions — a net loss of 21 holders — while 17 trimmed existing stakes and 29 added.
The largest buyer was JP Morgan Chase, adding an estimated $43.3M. The largest seller was Alpine Global Management, exiting entirely with an estimated $38.1M sold.
- 53 institutional investors held iShares MSCI Saudi Arabia ETF (KSA) as of Q3 2019, down from 74 in Q2 2019.
- Funds reported $743M of iShares MSCI Saudi Arabia ETF stock for Q3 2019, down 11% quarter-over-quarter.
- 4 funds opened new iShares MSCI Saudi Arabia ETF positions in Q3 2019 and 25 closed out, a net change of -21 holders.
- The largest iShares MSCI Saudi Arabia ETF buyer in Q3 2019 was JP Morgan Chase, an estimated $43.3M added.
- The largest iShares MSCI Saudi Arabia ETF seller in Q3 2019 was Alpine Global Management, an estimated $38.1M sold.
Based on aggregated 13F filings for Q3 2019.